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Politics : Formerly About Applied Materials
AMAT 322.51+6.1%Feb 6 9:30 AM EST

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To: William L. Oppenheim who wrote (7978)9/15/1997 5:12:00 PM
From: roly   of 70976
 
William,

Lately, there were lots of supporting data by all kinds of analysts
that predicted ASND is a stock to own. Guess what.

Another good example is how analysts downgraded AMD for lower
earning then a week later upgraded it.

Gateway who announced earning disappointment is suprisingly
strong while Compaq announced good sales and will meet earning
has been going down.

What I have seen in this market, data will drive you nuts and don't
make sense most particularly if you are a day trader. With all the
advance technology and models, nobody can predict what will happen
to the market on a daily basis. However, everybody agree that this
market will be higher in the long term.

I believe a winning investment strategy is stay long, know the
company's product, make sure they have a strong and dominating
market, make sure the market has a lot of growth potential, then sit
back and relax.

Just my opinion.

Roly
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